Pi Token Fights for Ground at $0.645 as Sellers Hold the Line

The **Pi Token (PI)** is currently trading around **$0.645**, facing strong resistance as sellers maintain pressure. Here’s a breakdown of the situation: ### **Key Observations:** 1. **Seller Dominance** - Sellers are defending the **$0.645** level, preventing upward movement. - If this resistance holds, PI could retest lower support levels (**$0.60 or even $0.55**). 2. **Buyer’s Challenge** - Bulls need a strong push above **$0.65–$0.68** to shift momentum. - A breakout could target **$0.70–$0.75**, but high selling pressure may limit gains. 3. **Market Sentiment & Volume** - Low trading volume suggests weak conviction—either consolidation or an impending move. - If Bitcoin and major altcoins rally, PI could see relief; otherwise, sideways/downward movement may continue. ### **Possible Scenarios:** - **Bearish Breakdown:** Failure to hold **$0.60** could lead to a drop toward **$0.50–$0.55**. - **Bullish Breakout:** A surge past **$0.68** with volume could signal a trend reversal. ### **What to Watch:** - **BTC’s movement** (heavily influences altcoins). - **PI trading volume** (increasing volume = stronger trend confirmation). Would you like a deeper technical analysis (RSI, moving averages, etc.) or insights into Pi Network’s developments affecting price?